End-use of the goods categorise the goods as intermediate goods and final goods. (True or False with Reasons).
End-use of the goods categorise the goods as intermediate goods and final goods. (True or False with Reasons).
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True,
If the end-use of the good is for further production or resale, then the good is an intermediate good. However, if the end-use of the good is consumption or investment, then the good is a final good.
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